Biden gives PG&E $1 billion to keep the Diablo Canyon nuclear plant open

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Biden gives PG&E $1 billion to keep the Diablo Canyon nuclear plant open
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The federal grant could help California's last nuclear plant keep operating past 2025. It was made possible by the bipartisan infrastructure law.

at the U.S. Nuclear Regulatory Commission, as well as maintenance, fuel purchases and additional on-site storage for radioactive waste needed to keep the plant running past 2025.

If the plant fails to secure its federal license renewal — or any of the state permits it needs to keep operating — the funding spigot will be shut off. U.S. Energy Secretary Jennifer Granholm speaks at the shuttered San Onofre nuclear plant in San Diego County, flanked by Edison International CEO Pedro Pizarro, left, and Rep. Mike Levin.

Nuclear disasters at Chernobyl and Three Mile Island stoked deep public fears about meltdowns and radioactive fallout, with the 2011 crisis at Japan’s Fukushima plant hardening those sentiments for many.

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